Further evidence on the variability of inflation and relative price variability

被引：15

作者：

Chang, EC ^{[1
]}

Cheng, JW

机构：

[1] Univ Hong Kong, Sch Business, Pokfulam Rd, Hong Kong, Peoples R China

[2] Chinese Univ Hong Kong, Dept Finance, Hong Kong, Peoples R China

来源：

ECONOMICS LETTERS | 2000年 / 66卷 / 01期

关键词：

inflation variability; relative price variability;

D O I：

10.1016/S0165-1765(99)00186-X

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Using a sample of monthly observations of both a 12-category group and a 203-category group of personal consumption expenditures, we furnish evidence that relative price variability is positively related to both the inflation rate and inflation variability. The relation is robust to oil-price shocks. (C) 2000 Elsevier Science S.A. All rights reserved.

引用

页码：71 / 77

页数：7

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